Mumbai,
April 8, 2013
Shares of TVS Motor Company on Monday soared by nearly 10 per cent, after the company signed an agreement with German auto-maker BMW Motorcycles’ division BMW Motorrad to develop and produce a new...
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New Delhi,
April 1, 2013
Japanese auto major Suzuki Motor Corporation's stake in subsidiary Maruti Suzuki (MSI) has increased to 56.21 per cent post the merger of its engine and transmission maker Suzuki Powertrain with I...
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NEW DELHI,
March 29, 2013
Titan Industries, on Thursday, said one of its promoter firms, Tata Sons, had acquired an additional 4.37 per cent stake in the company from another promoter entity Kalimati Investment for Rs.979....
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New Delhi,
March 21, 2013
The government on Thursday decided to sell 5.82 per cent stake in SAIL at a minimum price of Rs 63 apiece, a 1.41 per cent discount to closing price, to raise Rs 1,514 crore.
“The EGoM ha...
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New Delhi,
March 15, 2013
Nalco public offer was fully subscribed before the close of market hours on Friday, guaranteeing at least Rs 515 crore to the government from the stake sale.
The auction, which st...
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Mumbai,
February 20, 2013
Shares of Kingfisher Airlines on Wednesday surged as much as five per cent to hit the upper circuit limit in afternoon trade on the bourses after the cash-strapped carrier started paying salaries...
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New Delhi,
February 1, 2013
The disinvestment initiative of the UPA Government gather pace with Oil India Limited (OIL) stake sale getting an over-whelming response from the markets and getting over-subscribed even before th...
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KOCHI,
December 29, 2012
Securities and Exchange Board of India plans to open 20 offices across the country, including Hyderabad and Bangalore
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NEW DELHI,
December 11, 2012
The Central Government, on Monday, fixed a price band of Rs.145-150 per share for its stake sale of 10 per cent in NMDC on the stock exchanges on Wednesday that could fetch up to Rs.5,947 crore.
<...
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Mumbai,
November 12, 2012
Shares of United Spirits on Monday soared nearly 35 per cent, taking its market valuation higher by Rs 6,211 crore, after the UK-based Diageo Plc said it will buy 53.4 per cent stake in the compan...
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MUMBAI,
April 4, 2013
IIFL Inc, on Wednesday, picked up over eight lakh shares in non-banking financial company Shriram City Union Finance for nearly Rs.100 crore in open market transactions.
According to data...
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NEW DELHI,
March 29, 2013
State-run Bharat Heavy Electricals Ltd. (BHEL), on Thursday, said it had decided to exit Udangudi Power Corporation by selling the entire stake to joint venture partner Tamil Nadu Generation and D...
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NEW DELHI,
March 29, 2013
Novartis India, on Thursday, said its Swiss-promoter Novartis AG intended to reduce its stake in the Indian entity to enable it to meet SEBI (Securities and Exchange Board of India) guidelines on...
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New Delhi,
March 20, 2013
The government is believed to have fixed Rs.66 per share as the floor price for selling 5.82 per cent stake in SAIL, truncating its original plan to offload 10.82 per cent in the steel major due t...
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NEW DELHI,
March 13, 2013
The Finance Ministry on Wednesday said the government’s 12.5 per cent stake sale offer in Nalco will hit the markets on March 15, which could mop up around Rs.1,400 crore to the Exchequer.
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New Delhi,
February 7, 2013
Disinvestment Secretary Ravi Mathur said there was good participation from foreign institutional investors (FIIs).
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Mumbai,
January 31, 2013
The market heavy weight Reliance Industries fell by 1.39 per cent to Rs 886.55 and Infosys lost by 0.13 per cent to Rs 2,788.75.
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NEW DELHI,
December 12, 2012
The NMDC issue was oversubscribed 1.73 times on Wednesday, fetching Rs.6,000 crore for the government for its 10 per cent stake, thanks to strong participation from FIIs and the Life Insurance Cor...
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December 9, 2012
This holiday season is shaping up to be a record-breaking period for Apple as shoppers snap up iPhones and iPads. So, why is the world’s most valuable company losing its lustre with investors?
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Mumbai,
October 16, 2012
Shares of Reliance Industries on Tuesday rose by 2 per cent even as the company reported drop in quarterly net profit, hurt by weak demand and lower natural gas output. After opening the tr...
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